Upgraded ‘Equity Transfer + Acquisition’ Model: Cross-Industry Acquisition of Loss-Making Semiconductor Companies with Four Key Highlights

Upgraded 'Equity Transfer + Acquisition' Model: Cross-Industry Acquisition of Loss-Making Semiconductor Companies with Four Key Highlights

On November 16, 2025, Heshun Petroleum (603353.SH) announced its plan to acquire at least 34% equity in Kuixin Technology through a cash transaction not exceeding 540 million yuan, utilizing a “purchase of old shares + capital increase” method, and to control 51% of the voting rights of the target company through a voting right entrustment, … Read more